Playing with cryptocurrencies? To put it bluntly, it's just a digital version of a trading card game.



Others are fixated on physical cards, while you watch the numbers flicker on a screen. It's essentially the same thing—following the crowd to collect. However the leaders hype it up, that's how the prices fluctuate. When they say buy, you buy; when they say sell, you sell—like a puppet on strings.

But who actually makes money?

It's always the ones at the very front.

Look at USTC, then look at LUNC—the endings for these coins were written long ago. Maybe if you break through this illusion, you'll find a different kind of inspiration.
USTC72.08%
LUNC54.12%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
DefiOldTrickstervip
· 12-04 17:41
Ha, the card collecting game analogy is interesting, but to be honest—the real arbitrage opportunities are never at the moment when everyone jumps in. I’ve seen all the textbook-level liquidations of USTC and LUNC. The problem isn’t with the coins themselves; it’s that most people jumped in without ever calculating the liquidation price. The early group did make money, but do you know how? It wasn’t by following the crowd, it was by shorting.
View OriginalReply0
ShitcoinConnoisseurvip
· 12-04 04:46
If only I had known earlier, it's just like when I bought the dip on LUNC—always realizing things after the fact.
View OriginalReply0
ApeEscapeArtistvip
· 12-04 04:44
You guys are still playing the card collecting game? I saw through it a long time ago. One word: run.
View OriginalReply0
LiquidationKingvip
· 12-04 04:27
Sounds nice, but it's still just the whales' sickle.
View OriginalReply0
PositionPhobiavip
· 12-04 04:27
To be honest, I saw through it a long time ago. It's always the newbies who enter the market. Hard-earned money goes in, tears come out. During that LUNC wave, I had a friend who just gave up. Wait, why is your view so pessimistic? We should have realized these game rules long ago. Collecting cards? No, it's just gambling, just with a different appearance.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)